Energy Resources Of Australia Ltd. Class A · ASX:ERA
Energy Resources Of Australia Ltd. Class A — FY2019 Earnings Presentation
11 slides from Energy Resources Of Australia Ltd. Class A's earnings presentation, Mar 3, 2020
Slide 1: 2019 Full Year Results
For personal use only 2019 Full Year Results Additional Information for the Financial Community March 2020 www.energyres.com.au
Slide 2: Forward-looking statements
Forward-looking statements For personal use only This presentation has been prepared by Energy Resources of Australia Ltd (“ERA”) and consists of the slides for a presentation concerning ERA. By reviewing/attending this presentation you agree to be bound by the following conditions. Forward-looking
Slide 3: Acknowledgement of Traditional Owners
Acknowledgement of Traditional Owners The operations of Energy Resources of Australia Ltd (ERA) are located on Aboriginal land For personal use only and are surrounded by, but separate from, Kakadu National Park ERA respectfully acknowledges the Mirarr, Traditional Owners of the land on which the Ra
Slide 4: ERA continued to deliver on strategic priorities in 2019
ERA continued to deliver on strategic priorities in 2019 Near term strategic priority 2019 outcomes For personal use only Continue the progressive rehabilitation – Bulk backfill of Pit 1 continued of the Ranger Project Area – Additional dredging capacity commissioned – Continued dredging of the Tail
Slide 5: Health and safety
Health and safety Demonstrated commitment to the health and safety of our teams, community and environment in which we operate 5 For personal use only Frequency rate (200,000 hrs 4 3 worked) AIFR LTIFR 2 1 0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 YTD – All In
Slide 6: Operational performance
Operational performance Production guidance for 2020 of between 1,200 tonnes to 1,600 tonnes For personal use only Mill Operation 2019 2018 Ore milled (‘000 tonnes) 2,484 2,486 Recovery (%) 86.8 86.6 Mill head grade (% U3O8 ) 0.08 0.09 Tonnes produced (U3O8 ) 1,751 1,999 Pounds (‘000 lbs) produced (
Slide 7: Full year financial performance
Full year financial performance Ranger continues to generate positive margins from the sale of U3O8 For personal use only 2019 2018 Cash resources decreased in the year Cash flow – (A$ million) – ERA continued to generate a positive cash margin from the • Opening cash balance 313 395 production and
Slide 8: 2019 earnings performance
2019 earnings performance Earnings improvement year on year Improved earnings performance before For personal use only 2019 2018 Earnings (A$ million) tax, impairment and change in provision • Net profit/(loss) before tax, impairment and rehabilitation 6 1 • Net profit/(loss) before tax 6 (456) • Ne
Slide 9: Progressive rehabilitation is underway with a number of milestones achieved
Progressive rehabilitation is underway with a number of milestones achieved For personal use only • Approximately $603 million spent on rehabilitation and water management projects since 20121 − Key works include construction and operation of the brine concentrator, preliminary Pit 3 backfill, Pit 1
Slide 10: Regular engagement with key stakeholders
Regular engagement with key stakeholders ERA’s operations are located on Aboriginal land, are surrounded by Kakadu National Park and significantly underpin the Alligator River’s regional economy. Regular engagement with key stakeholders is an important, ongoing part of our business. For personal use
Slide 11: CY2019 Summary
CY2019 Summary • Continued focus on all aspects of health, safety For personal use only and environment • Production of 1,751 tonnes of uranium oxide • Achieved average realised price premium to the spot price during 2019 • Successful commissioning of the second dredge and additional tailings transf
Energy Resources of Australia — FY2019 Earnings Presentation on 6ix